When different bundles of commodities give the same level of satisfaction,you are
A)said to be indifferent between the bundles.
B)said to be confused.
C)not able to make a decision.
D)unhappy with any combination.
E)none of the above.

Question

Quizplus · Accepted Answer

When different bundles of commodities give the same level of satisfaction, it means that the consumer is equally satisfied with all the bundles and does not have a preference for any one particular bundle. This state is called indifference, hence the correct answer is A.

When Different Bundles of Commodities Give the Same Level of Satisfaction,you